10 Feb LunarCapital Broker Review 2025 Key Features, Pros & Cons
Alternatively, beginners can use the LunarCapital Web Platform, which will be easier to get started with. It was founded in 2011 and is authorized and regulated by the UK FCA, CySEC, FSCA and the FSC Mauritius. Professionals can access commission-free ECN accounts from advanced trading platforms and become a strategy manager on its copy trading platform.
LunarCapital’s trading accounts deliver flexibility with low entry costs and commission-free trading. Whether you are a beginner or handling a diverse portfolio, LunarCapitalTrader, MT4, and MT5 each offer useful tools tailored to your objectives. As a result, traders can choose the platform that suits their needs best. Yes, all LunarCapital accounts require just a $25 minimum deposit, with no deposit, withdrawal, or trading commission fees.
Yes, the app includes risk management tools like Balance Keeper and portfolio diversification. You can monitor performance, stop copying anytime, and distribute funds across multiple traders to minimise exposure. LunarCapital secures client funds by using segregated accounts that keep trader deposits separate from company assets. This structure, aligned with global regulatory standards, ensures that client money is protected and cannot be used for company operations. LunarCapital is a trusted broker that offers Contracts for Difference (CFDs) and competitive spreads across 300 trading instruments. LunarCapital offers 260 CFD instruments across currency pairs, commodities, shares, indices, and cryptocurrencies.
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It is registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). With all the different features available in the platform, it is certainly worthwhile testing for yourself. One thing to bear in mind is that access to the full range of the 3 million investment products is only available with the entities regulated by FINMA, CSSF, and the DFSA. The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag. I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI. Crypto is the slowest to deposit with 3-30 minutes which is still extremely fast in my books as some brokers can take 24 hours to credit your account.
- LunarCapital makes money through the spread – the difference between the bid and ask price.
- Additionally, the broker provides promotions and bonus programs, along with 24/7 customer support, aiming to enhance the overall user experience and sustain its global presence.
- It aims to simplify the process for beginners while still providing flexible tools for more experienced traders.
- I was surprised most by the LunarCapitalTrader which is limited in comparison to MetaTrader but offered a unique technical analysis service which impressed me with the expertise of the analysis.
- These spreads are markups with no added commissions, meaning the spread is the only trading cost, and it adjusts dynamically based on market conditions.
Best Forex Trading App
Yes, LunarCapital is legal and regulated across multiple jurisdictions covering the EU and Asia. For the EU, it is regulated by CySEC which is a Tier-1 authority and for the rest of the world you will be regulated by MAS or MISA. By being regulated across multiple jurisdictions it allows LunarCapital to provide retail financial services to traders across 180 countries.
Swap-Free (Islamic) Accounts
A trading account is where you store funds and trade currencies or other assets. You can create multiple trading accounts for your LunarCapital profile, each with its own balance and leverage. We measure success by the cost-effective trading conditions we provide and by success stories our traders share.
Trading Information
The demo account provides real-time price feeds like a live account but gives you virtual funds to trade in a risk-free environment. The big takeaway from my time with LunarCapital is that it doesn’t charge swap fees on any of its accounts which are usually reserved for swap-free Islamic trading accounts. Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap. Likewise, Mauritius is considered Tier-4, as per our Trust Score algorithm.
- This includes an IF-DONE order type, which is a two-step order where the second step can’t be executed until the first step is completed.
- Spreads across different account types are similar, with LunarCapitalTrader accounts offering slightly lower spreads for Forex.
- Numerous sections focus on customer services related to accounts and administration rather than market-related issues.
- The broker operates under multiple regulatory frameworks to ensure compliance with international financial standards.
- It does not typically charge commissions, making trading costs transparent, though spreads can widen during high volatility.
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). It offers a charting package from TradingView with over 100 technical indicators included as default and customization options available for another couple thousands more. The chart package contains 11 chart types on 11 timeframes and other drawing tools like trend lines, Fibonacci etc.
This allows you to start trading faster with instant deposits and receive your funds faster through the same-day withdrawals. LunarCapital offers the basic options when it comes to funding your account through traditional methods and some crypto options. The broker offers reasonable times to process your deposit and withdrawals. LunarCapital scored highly in my trust test with 12 years of industry experience and licences from CySEC, MSC, and MISA delivers a secure and transparent forex broker. I think the broker’s trust is supported by its 60+ awards from the forex industry and 8,000+ positive TrustPilot reviews demonstrating that its clients are happy with its operations.
LunarCapital is a broker that has operated for over 10 years and has been expanding during this time. It is a global company with several entities responding to different regulatory needs. LunarCapital also operates under other entities that are regulated by lower-reputation organizations. LunarCapital also provides services through Uni Fin Invest, which is based in Mauritius and operates under the regulation https://lunarcapital.vip/ of the Financial Services Commission (FSC) of Mauritius.
You can experience an “over the shoulder” session with a trader which is helpful to get professional feedback on current market events. You can request a human agent who was surprisingly not as helpful as the AI with canned answers and no depth of product knowledge. This was frustrating when asking questions about their services and trading accounts as I felt they didn’t answer the question. The LunarCapitalTrader has the least options for technical analysis too with 19 indicators, 11 drawing tools, and 7 timeframes. However, after testing I found the platform covered the top indicators like volume and moving averages along with Fibonacci retracement tools. LunarCapitalFX offers a variety of deposit and withdrawal methods to accommodate traders worldwide, ensuring transactions are convenient, fast, and cost-effective.
Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). Minimum deposits at LunarCapital will vary depending on your country of residence and your chosen payment method.
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